AET Europe’s Post

My colleague at AET Europe, cryptography expert Detlef, shares valuable insights on how to do digital trust right in this day and age. I can highly recommend reading this CEO's guide: https://lnkd.in/e64CVjAA

The European Union's Digital Market Strategy includes several regulations, and measures to enhance data privacy, AI innovations, and #cybersecurity across the EU region. These pending legal acts, and measures are critical for establishing trust and user safety in digital transactions and services, which are fundamental to an AI and data-driven digital world. Follow Ray Estevez for more thought leaderships on Data & Technology #dataprivacy, #privacylaw, #dataprotection, #digitalprivacy, #privacyrights

🌍 The EU’s Digital Market is evolving fast. EU is leading the way in creating a safer and fairer digital space, with several key regulations designed to ensure privacy, security, competition, and innovation. Let’s explore the key regulations shaping the digital landscape in the EU. Digital Operational Resilience Act (DORA) is set to shake up the financial world starting January 17, 2025. Its impact will stretch beyond the EU. 🇪🇺 DORA aims to boost the cybersecurity and operational resilience of financial entities, from banks to insurance companies to payment services. But that's not all. The EU's Digital Markets Act (DMA) is also making waves, challenging Big Tech’s dominance and creating new opportunities for direct, personalized marketing. 📢 Are you ready for these changes? Want to learn more about preparing for the latest EU regulations? Visit our blog https://lnkd.in/e5RYijAc to dive deeper! What's your take on these shifts in the tech and financial landscape? Let’s discuss! #DORA #DMA #Regulation #Compliance #Cybersecurity #Dataprivacy

🔒 Data privacy. We all talk about it. But how many of us actually understand its significance in healthcare? 🏥 Protecto is changing the game. It's not just about securing your data. It's about transforming the way we handle sensitive PHI and PII. 🔐 Imagine a world where your data isn't just locked up in a vault. Instead, it's actively contributing to your workflow. It's a world where discovery, tokenization, masking, and redaction aren't just buzzwords, but integrated features that ensure security, while maintaining usability. 🌐 Protecto is not just a solution. It's a revolution in healthcare data security. Embrace the change and redefine your approach to data privacy. 🔄 Remember, in a world where data is the new oil, security is the new currency. Invest wisely. 💰💡 #Protecto #DataPrivacy #HealthcareDataSecurity #ChangeTheGame

The deadline for Digital Operational Resilience Act is 106 days away and most firms will be in scope: You're either in scope, or service those that are. Every organisation around the world providing services into Europe is in scope of DORA DORA is much more than cyber, it is a about all operational resilience issues Like GDPR, we are all compliant. Want to play the game, these are the rules. Does DORA cover AI? Yes, if it's a critical dependency Common pitfall: It's a team sport. Organisation wide. Prioritize looking at your business model, end to end. Upside: Digital transformation of business processes, perfect marriage of control functions and technology, digital audit and TLPT opportunities, another driver to step away from on-prem infrastructure, iterative change ('as is' and 'to be' models), there will be a DORA 2.0 (and 3.0 etc.) - DORA keynote at RegTech Summit London #RTSLDN #regtech #DORA #operationalresilience #digitaloperations Brown Brothers Harriman Adrian Whelan (He/Him)

The deadline for Digital Operational Resilience Act is 106 days away and most firms will be in scope: You're either in scope, or service those that are. Every organisation around the world providing services into Europe is in scope of DORA DORA is much more than cyber, it is a about all operational resilience issues Like GDPR, we are all compliant. Want to play the game, these are the rules. Does DORA cover AI? Yes, if it's a critical dependency Common pitfall: It's a team sport. Organisation wide. Prioritize looking at your business model, end to end. Upside: Digital transformation of business processes, perfect marriage of control functions and technology, digital audit and TLPT opportunities, another driver to step away from on-prem infrastructure, iterative change ('as is' and 'to be' models), there will be a DORA 2.0 (and 3.0 etc.) - DORA keynote at RegTech Summit London #RTSLDN #regtech #DORA #operationalresilience #digitaloperations Brown Brothers Harriman

How is #ArtificialIntelligence being harnessed by BNP Paribas and partners to enhance its operations and support clients? We kicked off day one at Viva Technology with insights on the BNP Paribas stand from Ivan Heard of CIB partner Quantexa, who explained how its #AI powered decision intelligence platform is transforming how companies unify data and drive AI-enabled decision-making. With 90% of data deemed potentially useful by companies not currently being analysed, the platform has the power to provide context around large volumes of data and improve resilience and efficiency.   Did you know that in 2023, 36% of cyber incidents started with phishing? We heard from our CIB information and #cyber security experts Bruno Dehem and Arthur Migliorini, who discussed topics including how machine learning can enhance data protection and how the Bank is onboarding Cyber Data Scientists within cybersecurity teams to respond to the changing landscape.   CIB Chief Data Officer Goulven Charlès wrapped up the day with a talk on how the Bank is integrating AI into its global risk-based financial security programme, including transaction filtering and monitoring and reducing false positives, helping to tackle risks around financial crime - which amounts to 2 to 5% of global GDP in money laundered each year.   Join BNP Paribas at stand F16 tomorrow and Friday for insights on all of the Bank’s innovative products, solutions and startup partners.   #BNPP4Tech #Vivatech2024 #LifeatBNPPCIB

🔒 The Future of Cybersecurity Meets Open Finance: FiDA's Impact   As the EU's Framework for Financial Data Access (#FiDA) takes shape, we are witnessing a regulatory shift that goes beyond #OpenBanking — ushering in a new era of #OpenFinance. With this evolution, financial institutions must adapt to challenges such as data sharing, consumer consent management, and the integration of innovative technologies like AI for real-time analytics.   What does this mean for cybersecurity - asked Austrian Finance Magazine our Co-Founder and Co-CEO Steven Meyer. The FiDA regulation demands a robust framework to ensure the secure sharing and management of financial data. This includes safeguarding sensitive consumer information while enabling transformative use cases like Embedded Finance and Super Apps. At #ZENDATA, we recognize that with great connectivity comes great responsibility.   For financial institutions, embracing FiDA means not only compliance but also an opportunity to redefine trust and build resilient, data-driven ecosystems. How prepared are you for the changes ahead?   👉 Read the full article for insights into FiDA's potential. Find the link in the comments!   #Cybersecurity #DataProtection

🔒 When it comes to data privacy, are all solutions created equal? Think again. Enter: Protecto. 🚀 They're reinventing data privacy in financial services. Your sensitive PCI and PII data? It's not just secured. It's meticulously identified, masked, and locked away. But here's the kicker. 🧩 Despite being under such heavy guard, your data never loses its usability within your workflows. Protecto is not just a solution. It's a revolution in data privacy. What's your take on this next level data protection? 🤔 Share your thoughts. Remember, in the world of data, privacy is not a privilege. It's a right. 🛡️ Learn more about #DataPrivacy for #Fintechs (Link in comments)

Most progressive organisations today recognise that they have two big thorns in their side when it comes to data integrity: 1. The increasing cost and challenges associated with data privacy. 2. Ever more sophisticated scams and rampant fraud, which diminishes the bottom line. Verified Decentralized Self-Sovereign Identity can solve both. Check out the first blog in Nuggets' new series, “An Introduction to…” where we explain the basics of Decentralized Self-Sovereign Identity and explore how this new technology can have a transformative effect on your business. Read it here 👉https://hubs.li/Q02qLYL00 #DecentralizedIdentity #DigitalIdentity #SSI